1 LIST the benefits of a formal severance pay plan. 2 A restricted stock plan sets...
1 LIST the benefits of a formal severance pay plan.
2 A restricted stock plan sets a goal of a 15 % increase in sales. The HCE achieves this goal. LIST what can go wrong.
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1 LIST the benefits of a formal severance pay plan.
2 A restricted stock plan sets...
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Allied Paper Products, Inc., offers a restricted stock award plan to its vice presidents. On January 1, 2018, the company granted 22 million of its $1 par common shares, subject to forfeiture if employment is terminated within two years. The common shares have a market price of $7 per share on the grant date. Required: 1. Determine the total compensation cost pertaining to the restricted shares. 2. Prepare the appropriate journal entries related to the restricted stock through December 31,...
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